Minister of mines and energy Tom Alweendo says the discovery of oil is not an automatic solution to Namibia’s existing socio-economic challenges. Alweendo’s remarks were delivered in a speech read on his behalf by his deputy, Kornelia Shilunga, at the 23rd Copper Festival at Tsumeb. While the revelation of significant oil and gas reserves discovered...
Martin Endjala Namibia Local Business Association (NALOBA) Vice President Peter Amadhila, believes that the continued hike of fuel prices, which proves to be somewhat cumbersome for Namibians due to international oil market prices, its remedy lies within the recent oil discovery in the country. Amadhila, who was reacting to the recent fuel hike prices announced...
Poor management of the oil and gas sector can drive corruption and inequality that in turn will fuel social tensions and threaten political stability, mines and energy minister, Tom Alweendo has warned. Speaking at the recently held Namibia Oil and Gas Conference 2023, Alweendo highlighted that Namibia thus needs to learn lessons from some oil...
The Mines and Energy Minister, Tom Alweendo, says the recent oil and gas discoveries in commercial quantities have raised expectations for significant revenue flow and employment opportunities for Namibians. Alweendo says that the discoveries hold great potential to improve socio-economic challenges that are experienced in the country, but points out that the development of an...